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    • Peru
    31
    Jan

    Peru cuts VAT rate to 17%


    Peru has announced its plan to reduce its standard VAT rate by 1% to 17% effective from 1 July 2017. The measure has already been delayed a number of times in recent years as Peru has failed to achieve matching tax collection targets. The government is targeting a VAT rate of 15% eventually. The latest target, 7.2% tax revenues as a share of GDP, will be assessed on 1 May 2017 before the VAT cut is imposed.


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    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.